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Listed 2 months ago

4 Merton Street

Oak Ridges, Richmond Hill

$1,398,000

Detached|2-Storey
4 | 5 | 6
About this home

Stunning, bright, and spacious well-maintained 2-storey detached home offering 4 bedrooms in a highly desirable family-friendly neighbourhood. Functional layout featuring 9' smooth ceilings on the main floor and two ensuite bedrooms on the second level. Hardwood flooring throughout main and upper levels. Features include California shutters, pot lights, a gas fireplace in the family room, and elegant iron pickets. Designer open-concept kitchen with breakfast area overlooking the backyard. Professionally finished basement with an additional bedroom, den, and recreation area-ideal for extended living or entertaining. No sidewalk allows for extra parking. Conveniently located close to schools, public transit, parks, restaurants, golf club, and more.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,353
Lot Size44.29 ft x 77.1 ft
mls© NumberN13424640
Listed ByHOMELIFE LANDMARK REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,156
Property tax
$529
Heat allowance
$150
Housing costs
$7,835 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $279,600
25-yr amortization

Income needed

$241,000

gross annual household income

Payment at 4%
$5,883 / mo
Cash down
$279,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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